Qualifications
- Bachelor's degree in accounting, finance or related fields preferred
- 8+ years of work experience within a multinational shared services environment
- Experience in global payroll function including balance sheet reconciliations and other accounting activities
- Exposure to other areas like accounting, payables, payments; expense reimbursements will be an added advantage
- Exposure to managing global clients
- Exposure to SAP and Oracle will be an added advantage
- Good knowledge on payroll processing, accounting concepts and Microsoft office
- Ability to work independently and effectively in a fast-paced environment with tight deadlines
- Ability to prioritize and deliver
- Strong interpersonal and communication skills
- Highly organized and detail oriented
- Ability to deal with concepts and ambiguity
- Ability to use logic and methods to solve difficult problems with effective solution
What You'll Do
You will liaise with a local office for payroll inputs that include new joiner, terminations, leave of absence LOA, and salary revisions; and you will update the payroll software with the relevant changes for the payroll cycle.
In this role, you will ensure all employee benefits (if any) are taken care of and incorporate any changes with regards to banking information, mailing address, tax details, etc. You will review all applicable statutory deductions, including retirement plans, social security taxes, etc. You will also review the offshore instructions.
You will generate relevant reports (pay register, variance report, etc.) prior to payroll release and review internally. You will also coordinate payroll release with the local offices. You will back up payroll after bank file has been released and respond promptly to payroll e-mail queries. You will file statutory reports and remittance of dues with regards to income tax; FICA FUTA, local and federal taxes, and any other applicable statutory liabilities. You will enter compensation details and conduct accounting of payroll cost. Importantly, you will ensure confidentiality with regard to all compensation details.
You will be required to handle complex activities in the areas of payroll. You will be required to manage the transition tracker, work with the team and office in identifying the areas of transition and implementation. You will be working with the Senior Leadership Team on multiple ad hoc projects. You will review the open item trackers generated from the balance sheet reconciliations. You will work with the team on aged open items, find the root cause and arrest the inflow of open items into the reconciliation.
You will be partnering with functional leadership to identify issues, gather necessary information, use the right information for solving problems, and come up with practical solutions. You will identify the training needs and organize appropriate training for the members. You will ensure policy changes, business process documentations, and Standard Operating Procedures (SOPs) are updated regularly. You will work with other leads in the team in identifying the non-value-added activities in the process and help in creating efficiency.
Who You'll Work With
You will work in our Finance Global Operations Center in Gurugram and will be a part of the global payroll team.
